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Sun 28 Jan 2007 12:00 AM

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Zabeel goes Depa

Zabeel Investments has expanded its business mix with an equity stake in Depa United Group, the largest regional interior contractor and sixth largest speciality interior contractors in the world.

Zabeel Investments has expanded its business mix with an equity stake in Depa United Group, the largest regional interior contractor and sixth largest speciality interior contractors in the world. The announcement comes just days after Zabeel’s equity stake in regional private equity company Abraaj Capital. Depa has steadily grown and expanded in Europe, the Middle East, North Africa, India and China through its offices, partnerships and subsidiaries. Among its elite projects are the Burj Al Arab, Emirates Palace Hotel, The Ritz Carlton Dubai, Four Seasons Sharm El Sheikh, along with many other five star hotels in Dubai and around the world.

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